Veltyco Group (VLTY) Earns “Buy” Rating from Northland Securities

Northland Securities reissued their buy rating on shares of Veltyco Group (LON:VLTY) in a research note released on Tuesday morning. The brokerage currently has a GBX 110 ($1.47) target price on the stock.

Shares of Veltyco Group (LON:VLTY) traded up GBX 2 ($0.03) during trading on Tuesday, reaching GBX 85 ($1.14). 20,182 shares of the company’s stock were exchanged, compared to its average volume of 102,234. Veltyco Group has a 1 year low of GBX 28 ($0.37) and a 1 year high of GBX 101.25 ($1.36).

In related news, insider David Carr Mathewson sold 30,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of GBX 83 ($1.11), for a total transaction of £24,900 ($33,346.73).

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Veltyco Group Company Profile

Veltyco Group plc, formerly Velox3 plc, is a marketing company. The Company is focused on gaming, binary options and lottery operations. The Company is focused on generating marketing leads and entering into marketing contracts for the activities of its partners in sports betting, casinos, poker games, lottery and binary options, such as Betsafe (online casino and sports betting), Lottopalace (lottery) and Option888 (binary options).

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